Lear 45XR, Lear 60XR, Lear 75
Inventory in the 45XR market has grown by a couple listings, but options are still scarce as we head into the fourth quarter of 2022. There are now four aircraft for sale, up from two listings available most of this year. Domestic, low time options are still hard to come by, and when discovered they go quickly and bring a premium. Pricing has jumped for the sixth consecutive quarter, up roughly 80% from Q4 2020. The lack of quality options has hurt transactions, with only two sales taking place during the third quarter. With low inventory and climbing prices, now is a great time to sell your 45XR.
Transactions have jumped and 60XR inventory remains stable. Nine listings are available, similar to the past three quarters. This represents just over 8% of the active fleet, much higher than the other Lear markets. Higher, yet steady inventory levels have accompanied an increase in transactions. Seven aircraft sold last quarter, the most we’ve seen in over three years. Pricing continues to rise, with buyers competing for aircraft enrolled on an engine program. With ample inventory, yet strong pricing, this market could be considered favorable for both buyers and sellers.
The struggle continues for buyers in the Lear 75 market. Inventory remains depleted at just two listings, representing only 1.5% of the active fleet. This market was able to produce two sales during the third quarter, after only one transaction taking place in each of the preceding three quarters. As with the other Lear markets, pricing continues to climb, reaching levels more than 50% higher than Q1 2020. With strong pricing and practically nothing to choose from, it is still a great time to sell your Lear 75.